Commit To Purchase Caesars Acquisition At $12.50, Earn 6.3% Annualized Using Options
August 18, 2017 at 11:46 AM EDT
Investors considering a purchase of Caesars Acquisition Co (CACQ) stock, but tentative about paying the going market price of $18.49/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2018 put at the $12.50 strike, which has a bid at the time of this writing of 45 cents..